Russia is projected to overtake the US and other non-OPEC exporters in crude production in around three decades, according to US Energy Information Administration (EIA) analysis.
Non-OPEC crude oil and lease-condensate production is set to increase by 23 percent between 2018 and 2050, reaching 59 million barrels per day (bpd) in 2050, the agency said in a report released earlier this week. The rapid growth will be driven by Russia, the US, Canada and Brazil.
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